Financial Sector Lead Specialist / Senior Specialist in Development
Connectivity, Markets and Finance
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
We are seeking a proactive, knowledgeable, and results-oriented financial sector specialist to contribute to the division’s efforts to enhance the development effectiveness of financial public sector operations. In this role, you will work directly with project teams throughout the full project cycle and will play a critical role in improving the relevance, effectiveness, efficiency, and sustainability of CMF operations. You will bring strong analytical skills and a deep understanding of development effectiveness principles as well as of financial sector interventions in Latin America and Caribbean region.
Our division works to strengthen the capacity of the public financial sector to mobilize resources and catalyze capital for development. We focus on effective capital market development and innovative financial structuring and solutions to facilitate private investment and ensure inclusive and sustainable development.
What you’ll do
• Integrate development effectiveness into operations by guiding teams in the articulation of sound theories of change, robust results frameworks, and realistic monitoring and evaluation (M&E) plans during project design and preparation.
• Strengthen economic analysis of operations, including cost-benefit and cost-effectiveness analysis, to support sound decision-making and resource allocation.
• Review and enhance operational documents—such as loan proposals, monitoring reports, and project completion reports—to ensure clarity, evaluability, and alignment with institutional priorities and country strategies.
• Provide hands-on support during implementation to help teams monitor progress toward results, troubleshoot challenges, and incorporate adaptive management practices that improve project performance and sustainability.
• Promote learning and capacity building by developing and delivering trainings, tools, and technical guidance on development effectiveness methods, processes, and standards, tailored to operational needs.
• Contribute to impact evaluations and evidence generation by co-leading or supporting the design and execution of project-level impact evaluations and analytical studies that inform future operations and institutional learning.
• Collaborate across teams and sectors to share knowledge, harmonize practices, and contribute to continuous improvement of development effectiveness tools and systems across the organization.
• Mentor junior staff and consultants, sharing your expertise and supporting their contributions to strengthening the impact of CMF operations.
What you’ll need
Experience:
• Master's degree or equivalent, in economics, evaluation, finance or a related field relevant to this position.
• At least 7 years of relevant professional and international experience at the intersection of economic analysis, monitoring and evaluation, and development effectiveness and financial sector operations.
• Excellent interpersonal, problem-solving, and team skills with the ability to find balanced, pragmatic, and implementable solutions in a multi-disciplinary context. Specific experience in financial sector projects and private capital mobilization matters in Latin America and the Caribbean is a plus.
Languages: Proficiency in Spanish and English, spoken and written, is required.
Key skills
• Learn continuously
• Collaborate and share knowledge
• Focus on clients
• Communicate and influence
• Innovate and try new things
Requirements
• Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
• Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
Type of contract and duration
• International staff contract, 36 months initially, renewable upon mutual agreement.
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
• A competitive compensation package, including an annual base salary expressed on a net- of-tax basis
• Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave
• Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program which covers medical, dental, vision, preventive care, and prescription drugs.
• Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future.
• We offer assistance with relocation and visa applications for you and your family, when it applies
• Hybrid and flexible work schedules
• Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile such as mentoring, 1:1 professional counseling, training, and learning opportunities, language classes, mobility options, among others.
• Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts ground breaking research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.
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